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You people who keep referring to giving money to "Wall Street"... [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:53 PM
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You people who keep referring to giving money to "Wall Street"...
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Do you know what Wall Street is?

Wall Street is a street in New York City. That is all it is.

Do you know what the stock market is?

The stock market is every man, woman and child in this country, whether you own stocks or not.

If the market is allowed to fail, every man, woman and child is fucked.

The market cannot be allowed to fail.

If CONFIDENCE is not restored, the market will fail.

The bailout needs to happen.

The bleeding must stop, and stop quick.

If only to buy us time to figure out the "right" thing to do.

Those of you cheering the potential collapse of the market might soon enough understand this.
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